CEE
UK/NETHERLANDS – Apollo joins bidding for Reed
Apollo, alongside former non-executive director Strauss Zelnick, have jointly made a bid for publisher Reed Elsevier’s business information division.
EUROPE - Fortis launches EUR 400m clean energy fund
Fortis Investment has launched a new EUR 400m fund dedicated to investments in clean energy companies in Europe.
ESTONIA - BaltCap acquires medical diagnostics company
BaltCap has acquired a 75% stake in medical diagnostics company Quattromed HTI Laborid OÜ from private individuals and Finnish biotechnology company FIT Biotech Oy.
ESTONIA - Margus Uudam joins ASI as head of private equity
Ambient Sound Investments (ASI) has hired Margus Uudam to head its private equity investments team.
RUSSIA - Marshall raises USD 450m for two new funds
Marshall Capital Partners (MCP) has reportedly raised USD 450m for two new funds dedicated to investment in Russia and CIS: Marcap I, which is to acquire part of the assets currently owned by MCP, and Marcap II.
RUSSIA - CapMan backs RBPI
CapMan Russia Fund has acquired pig farm operator Russia Baltic Porc Invest ASA (RBPI).
RUSSIA - CapMan acquires Region-Avia Airline
CapMan Russia Fund has acquired Russian private airline operator Region-Avia Airline for an undisclosed sum.
CEE - Summit invests in Telerik
Summit Partners has invested in Telerik, a Bulgarian supplier of software tools and components that allow developers to build web and desktop applications.
TURKEY – Abraaj acquires 50% of Numarine
Abraaj Capital has acquired a 50% stake in Turkish luxury-yacht manufacturer Numarine.
CEE - Good Energies sells Romanian wind farms for EUR 1.1bn
Good Energies has sold its share in two Romanian wind farms to Czech utility company CEZ for EUR 1.1bn.
RUSSIA – Mint Capital injects USD 10m into Tinkoff
Mint Capital has injected USD 10m into restaurant chain Tinkoff Restaurants.
GERMANY/CEE – bmp AG supports three seed companies with EUR 600,000
Bmp Media Investors has invested EUR 600,000 into Germany-based Microshooting, and Polish businesses Sklepy firmowe and Pomocni, with the investment being paid on a milestone bases. The three companies will commence business at the end of August or the...
LATVIA - Argus et al acquire IZZI
Contaq Latvian Cable, Argus Capital and Syntaxis Capital have acquired Latvian cable television broadcaster IZZI SIA for an undisclosed sum. DnB NORD Banka and funds advised by Syntaxis Capital provided a senior debt and mezzanine package to support the...
CEE - Apax in talks with NLB
Reports suggest that Apax Partners has entered exclusive talks regarding the purchase of the 30.6% stake in Nova Ljubljanska Banca (NLB), Slovenia's largest bank, currently held by Belgium's KBC after Blackstone pulled out of the EUR 900m auction.
GLOBAL - First Reserve to invest in nuclear venture
According to reports, US group First Reserve, which specialises in the energy sector, will reveal plans later this week for an investment worth hundreds of millions of dollars into Accord Nuclear Resources, a nuclear fuel venture headed by two uranium...
EUROPE - SL Capital reaches fourth closing on EUR 520m
SL Capital Partners has reached the fourth closing of its European Strategic Partners 2008 (ESP 2008) fund-of-funds on EUR 520m.
GLOBAL - Private equity drawn to distressed debt
Reports suggest that private equity firms with large pots of capital from recent fundraising efforts are taking advantage of the current market conditions by acquiring increasing amounts of distressed debt from banks.
GLOBAL - Carlyle’s Louis Gerstner to retire
Carlyle Group chairman Louis Gerstner has announced his intention to step down from his post next month after five and a half years at the job.
UK/NETHERLANDS - Private equity interest in Reed Elsevier's trade publishing unit
Several private equity firms are thought to be among the 12 bidders that have made it through to the second round of the auction for publisher Reed Elsevier's business magazines unit, which is expected to fetch between £1bn and £1.25bn.
CEE - Candover enters Eastern Europe
Buyout heavyweight Candover has reportedly launched a subsidiary to take advantage of the opportunities in New Europe.
CEE - Warburg Pincus and Apax bid for Seznam.cz
According to sources, Warburg Pincus and Apax Partners have submitted bids for the Czech Republic's largest internet server Seznam.com.
US - Linklaters hires Jeffrey Schmidt for New York office
Linklaters has appointed Jeffrey Schmidt as partner in the New York office.
GLOBAL - Permira beefs up Asian presence
UK-based buyout house Permira has appointed longtime Goldman Sachs banker Henry Chen as its head for Greater China.